Is market pattern changing?

Discussion in 'Forex' started by Elison0, Oct 31, 2023.

  1. Elison0

    Elison0

    If you compare today’s market with 2 years ago, do yo find any major change? If yes, what’s that?
     
    murray t turtle likes this.
  2. maxinger

    maxinger

    [​IMG]


    No major change.

    2 years ago, the market was moving.
    Now it is moving.
    Tomorrow it will move too.


    2 years ago, we
    buy low sell high
    sell high buy low.
    Today ....
    Tomorrow ...


    2 years ago, the market was difficult to trade.
    Today ...
    Tomorrow ...


    2 years ago, product A moved and then stopped moving. So we traded product B.
    Today ...
    Tomorrow ....


    etc etc etc etc etc
     
    piezoe and PPC like this.
  3. traider

    traider

    It is always changing
     
    murray t turtle likes this.
  4. %%
    YES;
    2022 was mostly a SPY bear trend.
    2021/2023 have been mostly uptrends above 200dma.
    SEPT \SPY sells in 2021\2022\2023.
    QQQ/ still above 200dma.
     
  5. PPC

    PPC

    “The pockets change, the suckers change, the stocks change, but Wall Street never changes, because human nature never changes.”

    ~Jesse Livermore~
     
  6. piezoe

    piezoe

    May I add that underlying all markets is human nature, and that is what determines the ups and downs of markets; not necessarily reality. It's possible, and it does happen, that human perception can align with reality, but that's uncommon. Those who can understand this and know when perception and reality are wide apart can take great profits from the market. George Soros would be an example of one such person. And there are others of course. Most of us, because of our inability to overcome our innate nature, can not do this. The first step is to recognize our innate nature.
     
    Last edited: Oct 31, 2023
    PPC likes this.
  7. Zwaen

    Zwaen

    But most newly started threads and questions on this board, never change.
     
    PPC likes this.
  8. VEGASDESERT

    VEGASDESERT


    I was listening to reminiscence audio book and was amazed at how all the
    trading axioms of 100 years ago are all the same shit you hear today.
     
  9. schizo

    schizo

    Greed and fear are the bedrock of human nature. Unless there are only trading bots, that will likely never change.
     
  10. steve42

    steve42

    I never hear it because I don't read where were they advertised trading s*** I mean if you know what you're doing you really need advertising
     
    #10     Oct 31, 2023